Manager Finance
Saudi Ceramic Company
Total years of experience :17 years, 3 Months
Saudi Ceramic Company, a multi-billion riyals joint stock company listed on Saudi stock exchange (Tadawul) and engaged in manufacturing and trading of building materials (Tiles, Sanitary ware, Electric water heaters, Red Bricks etc.) with a large chain of retail stores.
Key contributions:
• Consistently met the planned growth initiatives and targeted profitability set by strategic management.
• Restructured & launched significant analytical report packages for all management levels while decreasing turnaround time by 50%.
• Secured $ 80 million as a working capital facility from two different banks.
• Implemented process improvements in compliance with predetermined budgeting and performance matrix and regularly coordinated with senior management to review and update SCC’s corporate risk management protocols.
• Managed culturally diverse cross-functional teams to enable business transformation and positively impact the top & bottom line.
• Developed finance team through training, counseling and appraisal.
• Developed and implemented business strategy, financial policies, procedures and authority matrix.
• Supported senior management on the variety of ad hoc projects, new country initiatives, annual strategy refreshes and other strategic opportunities.
• Improved the impact, and understanding, of financial reporting on business performance.
• Provided analyses and delivered insights to link financial reports with business strategy.
• Initiated effective commercial procedures to ensure key operational, commercial and financial targets are delivered.
• Built and maintained strong partnerships with all business managers and their teams.
• Led the process for step acquisition of a subsidiary.
• Prepared monthly, quarterly and annual consolidated financial statements.
• Coordinated with subsidiaries, associates and auditors.
Saudi Ceramic Company, a multi-billion riyals joint stock company listed on Saudi stock exchange (Tadawul) and engaged in manufacturing and trading of building materials (Tiles, Sanitary ware, Electric water heaters, Red Bricks etc.) with a large chain of retail stores.
Key contributions:
• Successfully implemented International financial reporting standards (IFRS)
• Improved the efficiency and quality of financial reporting and audit deliverables
• Reviewed and enhanced internal controls,
• Updated financial policies in line with IFRS,
• Improved financial controlling working on the budgeting system, financial analysis tools and alignment with the overall objectives of the Company,
• Improved efficiency and effectiveness of budget process by working on the coordination between departments, focusing right performance drivers and regular monitoring,
• Successful management of VAT Implementation
• Improved performance of the finance department by introducing formal appraisal process and training the staff of 40 persons for IFRS requirements and finance operations.
Key responsibilities and achievements:
Responsibilities
• Planning and managing statutory audits of financial statements and internal audit assignments,
• Development of budgets and timelines,
• Supervise audit team to ensure quality and on-time delivery,
• Review of audit working papers,
• Assessing risks and evaluating internal controls,
• Preparation of audit and review reports complying with international auditing standards and local regulations,
• Ensuring firm’s compliance with risk management requirements,
• Identifying and capturing new business opportunities,
• Drafting key documents and presenting to clients,
• Development of junior staff and performance evaluation.
Achievements
• Successful multinational and multicultural experience,
• Successfully handled multiple assignments of different scope in various market segments,
• Trained junior staff in public accounting and auditing, and
• Significantly contributed to business growth.
Key responsibilities
Being senior member of audit team my responsibilities comprised
• Planning and managing statutory audits of financial statements and internal audit assignments,
• Development of budgets and timelines,
• Supervise audit team to ensure quality and on-time delivery,
• Review of audit working papers,
• Assessing risks and evaluating internal controls,
• Preparation of audit and review reports complying with international auditing standards and local regulations,
• Ensuring firm’s compliance with risk management requirements,
• Identifying and capturing new business opportunities,
• Drafting key documents and presenting to clients,
• Development of junior staff and performance evaluation.
Achievements
• Successful multinational and multicultural experience across three KPMG offices (PAK, UAE, KSA),
• Successfully handled more than 50 assignments of different scope in various market segments such as FMCG, Oil, media, telecommunication, insurance, manufacturing, trading, banking, construction, healthcare, energy and power generation etc.
• Trained junior staff in public accounting and auditing,
• Twice seconded to other KPMG offices,
• Significantly contributed to business growth,
• Simultaneously managed a portfolio of 13 clients in supervisory role reporting to partner.
Qualified Chartered Accountant (ACA). There is no GPA system and no grades are awarded to successful candidates
Qualified Chartered Certified Accountant (ACCA-UK). There is no GPA system and no grades are awarded to successful candidates.
Fellow member of Pakistan Institute of Public Finance Accountants (A professional body of public accountants in Pakistan and Associate member of International Federation of Accountants (IFAC))
Passed Graduation examintion securing 1st division with following subsidiary subjects: 1) Mathematics, 2) Statistics.